"As Jorge Arangure, Jr. wrote Monday, Aroldis Chapman is likely to lose as much as $3 million in taxes now that he's almost certain to not receive any pay for the year 2009.
Had Chapman signed a week ago and received his signing bonus, only his salary would have been taxable because he would not have actually worked in the U.S. until 2010. Now he will have signed and worked in the same year, which would cost him $2-3 million in taxes if he were to accept an offer similar to the one made by the Boston Red Sox of $15 million.
With just three days remaining in the year, it's highly unlikely that the necessary paperwork could be processed in time, even if the lefty were to sign a contract today.
Could the Athletics land Chapman by the new year? The San Francisco Chronicle reports today that the Oakland Athletics are in the "thick of the bidding" for the Cuban defector (ESPN)."
Before this news came out Boston was the only known offer. I have a hard time believing that the A's will out bid the Red Sox for Chapman, so I am still confident that he will make his way to Boston. The only team I could see swooping in and stealing him would be the Yankees, but so far there has been little news about them being in contact with the Cuban prospect...
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